from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure …

Countries implementing International Financial Reporting Standards (IFRS) for loan loss provisioning by banks have been … different perspectives and lack of guidance from IFRS. It suggests actions that supervisors can take to help banks meet …

. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … arising from the role played by foundations and large cooperatives. Although Italian banks have recently made progress in … of foundations when they are the controlling shareholders in banks; and (iv) facilitating the transformation of large …

Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a …

, where liquidity shortages of banks are revealed sequentially and governments cannot credibly commit to bailing out all … potentially distressed banks. Our findings suggest that allowing early bank failures and using available liquidity for credible … sound banks. Such a policy of late bailouts is likely to receive political support when a full bailout needs to be financed …

choices. We employ data on over 6,000 commercial loans from 53 large U.S. banks. Our results for low-risk firms are consistent …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It …

the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and … Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre …-section, the smaller domestically-oriented banks were relatively more vulnerable to liquidity risk, while the large cross …

-based approach; and (c) a framework to link liquidity and solvency risks. The framework also allows the simulation of how banks cope … impact of a "Lehman" type event for stylized banks. …

We study how investors account for the riskiness of banks' risk-weighted assets (RWA) by examining the determinants of … stock returns and market measures of risk. We find that banks with higher RWA had lower stock returns over the US and … European crises. This relationship is weaker in Europe where banks can use Basel II internal risk models. For large banks …